Key points to be covered in the session:
• What is a REIT? How have other developed nations reacted to REITs?
• REITs in India - The story so far and where are we currently?
• Why REITs? What does a REIT offer to its various stakeholders?
• REIT regulations - Overview of the regulatory regime
• How has the Indian tax system evolved to support/ encourage REITs. What are the current challenges?
• Potential challenges in transitioning to a REIT structure
• Future of REITs - Do we foresee any major roadblocks?

About the Speaker :
Bhairav Dalal is a Partner in the Tax & Regulatory Practice at PwC India. He has over 14 years of experience in advising Indian and multinational groups in the area of real estate, infrastructure and private equity. Bhairav has also advised infrastructure companies engaged in power, roads and allied infrastructure businesses. Given this, he has been instrumental in the REIT / InvIT discussions in the industry and regulators as well. He has worked on several large and complex projects involving tax optimisation strategies, investment structuring and group restructuring. Bhairav is a graduate in Commerce from the University of Mumbai and is a member of the Institute of Chartered Accountants of India since 2002.